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BYD Poised For Breakout Global Automotive Leadership
BYDDYBYD(BYDDY) Seeking Alpha·2024-06-17 00:44

A few years back the Israeli government lowered the automotive sales tax, which can run as high as 50% on internal combustion engine (ICE) models, to 10% for BEVs in an effort to stimulate sales of emission-free models. Consumers responded instantly, flocking to vehicles such as BYD's Attos 3 crossover, Geely's Geometry C and Tesla models. Western test market A word of caution: BYD and other vehicles built in China are advanced from a connectivity perspective, which means that they have numerous cameras and ...